alternsoul

BTC TO 8500 / 8300 ? LADDER YOUR BUYS!

BINANCE:BTCUSDT   Bitcoin / TetherUS
38% and 50% retracement is the key here. That will validate a rally for a 3rd wave which will fight the resistance at 11.7k which we failed twice.
Our real trouble will be at 11.7k, that will be and epic fight up there, I have a target around 11.759 which is the top of our last resistance, here comes the thing, we should have a correction up there, a big correction considering this wave 2 is a 38% retracement, that 4th one will be dangerous, ( in normal situation we should go from 11.7k to the 68% retracement which is around 9700, if we fail there, it will be absolutely terrible, and 4k will be for real, otherwise if we correct normally the 4th wave, and get a good impulse, we can be out of that resistance breaking that top and going to 13k
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